ECL for Loan Portfolios
Non Banking Financial Companies and Housing Finance Companies (HFCs) are required to compute Expected Credit Loss as per Ind AS 109 / IFRS 9.
Become compliant with the requirements of Ind AS 109 / IFRS 9 using the cloud-based software tool used by several corporate entities
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Why choose RVSBELL Analytics for ECL for Loan Portfolios?
Computation using ECL Square:
1. Mandatory requirement of computing Expected Credit Loss (ECL) for Loans arises due to the implementation of Ind AS Accounting Standards.
1. Mandatory requirement of computing Expected Credit Loss (ECL) for Loans arises due to the implementation of Ind AS Accounting Standards.
2. Computing ECL transcends the domain of an accountant, and some statistical and even actuarial knowledge/guidance is necessary.
3. It is a pain to compute ECL manually using Excel. Involves several lakh loan items and quite cumbersome to compute manually. Also Excel provides no proper audit trail.
Benefits of using ECL Square:
1. A solution based on cloud computing provides proper audit trail.
Benefits of using ECL Square:
1. A solution based on cloud computing provides proper audit trail.
2. Requires just a browser to compute the complex calculations.
3. Cloud computing ensures the computation is quite fast as it uses the ‘load balancing’ technology.
Multiple models:
1. Multiple models are provided like Markov Chain Model, Vasicek Model etc which can be configured for the user depending on the data availability.
Multiple models:
1. Multiple models are provided like Markov Chain Model, Vasicek Model etc which can be configured for the user depending on the data availability.
2. Our system computes forecasted PDs, generating both marginal and survival PDs.
3. The solution offered is flexible and the user can calibrate the parameters to get the appropriate results.
4. The computations are verifiable by the auditors / regulators directly by downloading the relevant output files from the application.
Highlights of computation:
1. We compute LGD for every loan and generate cash flows based on loan data.
Highlights of computation:
1. We compute LGD for every loan and generate cash flows based on loan data.
2. You can even compute probability weighted ECL and generate stage 3 interest income with easy downloads in Excel format.
3. Our software is designed by professional accountants and developed by software engineers, using cloud servers hosted by Amazon Web Services.
Processing:
1. Processing on the flight- very fast
2. Back-end processing with the load balancing features
3. Downloads provided in excel format
Processing:
1. Processing on the flight- very fast
2. Back-end processing with the load balancing features
3. Downloads provided in excel format
Statistics of Our ECL for Loans Services
10+
Top corporate clients
60%
Savings in cost and efforts
100+
Years combined experience
ECL for Loans portfolio is hosted on the world's most trusted cloud-computing service provider
Are you tired of manually computing Expected Credit Loss (ECL) for your loans? Do you want an easy-to-use cloud-based solution that streamlines the process and saves you time and effort? Look no further than ECL Square for Loans.
Talk To An ExpertDesigned by experts - professional accountants
Our software is designed by professional accountants and developed by software engineers, using cloud servers hosted by Amazon Web Services. The system is fully compliant with regulatory requirements, so you can rest assured that your data is safe and secure. Plus, you can create multiple scenarios with user-defined logic for agitating PD and/or LGD. LGD can be computed based on either historical loss or collateral values.
Don’t waste any more time manually computing ECL for your loans. Try ECL Square for Loans today and streamline your workflow while ensuring compliance with regulatory requirements.
Don’t waste any more time manually computing ECL for your loans. Try ECL Square for Loans today and streamline your workflow while ensuring compliance with regulatory requirements.
Easy data upload
Our cloud-based application is designed specifically for NBFCs and is the perfect tool for computing ECL for loans.
With our user-friendly data upload function, you can easily upload data related to days past due (DPD) for several years, loan data with all loan details, and define loss given default parameters. You can even upload asset correlation and macro-economic data and define weights for multiple scenarios.
With our user-friendly data upload function, you can easily upload data related to days past due (DPD) for several years, loan data with all loan details, and define loss given default parameters. You can even upload asset correlation and macro-economic data and define weights for multiple scenarios.
Multiple models available
Our system uses the Vasicek Model to compute forecasted PDs, generating both marginal and survival PDs.
We compute LGD for every loan and generate cash flows based on loan data. You can even compute probability-weighted ECL and generate stage 3 interest income with easy downloads in Excel format.
We compute LGD for every loan and generate cash flows based on loan data. You can even compute probability-weighted ECL and generate stage 3 interest income with easy downloads in Excel format.
Disclosures and analytical tool
Our software is designed by professional accountants and developed by software engineers, using cloud servers hosted by Amazon Web Services.
The system computes several analytical reports useful for understanding the movement of ECL between various stages.
Also there is a separate module to calculate Stage 3 Interest Income.
The system computes several analytical reports useful for understanding the movement of ECL between various stages.
Also there is a separate module to calculate Stage 3 Interest Income.